92210, Indian Wells, CA

The Indian Wells zip code, 92210, has a population of approximately 114,000 people. The median household income in the zip code is $101,500 and the median home value is $1.2 million. Indian Wells is located in the Coachella Valley region of Southern California and has a Mediterranean climate.

The Indian Wells housing market has seen strong growth over the past few years. In January of 2019, the Zillow Home Value Index for Indian Wells was at an all-time high of $1,451 per square foot. This represents a 20% increase from January 2018 and marks the third consecutive year that home values have increased in Indian Wells. The average sale price for homes in Indian Wells during January 2019 was $1,895,000 which is also an all-time high for this zip code.

One reason that home values have increased so much in Indian Wells is because there are a limited number of available homes for sale compared to other areas of Southern California. Additionally, many homeowners in this area have been able to refinance their mortgages into higher rates which has helped to increase their home equity values even more. There are also a lot of new development projects underway in this area which will add even more homes to the market over time.